Post
Topic
Re: Infinex - PoW & Masternode - Lyra2Z (True DEX over MN with Profit Sharing Soon)
by
jayou
on 24/09/2018, 23:15:54 UTC
Quote from: TFI_in_Discord
@everyone

Good day everyone!

I'll be shifting to new Home Office this Thursday (to prepare for new chapter in life end of the year :grinning: )
Initial plan to launch InfiniDEX Beta on Wednesday seems to be very tight as there are quite a number of relocation going on & I don't want to affect the support during release.
Thus I hope for patience & understanding from everyone to wait for few more days as I would push InfiniDEX Beta to release on Monday (01 October 2018) instead.

Hopefully we are the first to release true DEX over MN.

Lastly as per queries in channel about the DEX reward for MN holder, for more clarity:
* The reward is 50% of total trade fee collected & split for MN holder.
* Reward would come in BTC, ETH, DOGE (whatever the subpair is), e.g. IFX/BTC - subpair is BTC; IFX/ETH - subpair is ETH.
* InfiniDEX Beta would start with 0% trade fee (to attract users).
* Kindly wait for official announcement (in 1 month time) for MN holders to update their core Wallet & MN side node.
* After update, users would be provided with new field in core Wallet to input their receiving address for the trade fee (start with BTC, would auto add everytime new subpair added).
* Trade reward would be accumulated & distributed in fix interval automatically.
* Pro-rate distribution are calculated for MN who start late during the month or terminate the MN halfway (fair for everyone).

With this, updated countdown timer as below:
https://www.timeanddate.com/countdown/launch?iso=20181001T08&p0=236&msg=InfiniDEX+Beta+Launch&font=sanserif&csz=1

Once again, thanks everyone for being with Infinex.